"Trump: Agreement with Ukraine delivers more than $350 billion in resources from the subsoil"
Here's a fresh take on the situation:
Donald Trump recently shared his thoughts on a deal he believes could bring the US a fortune greater than the alleged $350 billion spent supporting Ukraine. He was referring to the agreement on subsoil use from 2025.
During a phone-in, Trump expressed his dissatisfaction with past expenditures, stating, "Biden sent them 350 billion dollars in cash and military equipment... and we got nothing." He then reminisced about Ukraine's rich natural resources, emphasizing the "wonderful rare earth minerals they have."
He went on to articulate his anticipation for the anticipated profits, expressing, "Today, we signed an agreement that theoretically, we will get much more than 350 billion dollars." Trump also expressed his desire to expedite a solid peace agreement to minimize the loss of lives on both sides and among civilians.
At the end of April 2025, it was officially announced that Ukraine and the US signed the so-called "subsoil agreement." The agreement, titled the "US-Ukraine Reconstruction Investment Fund," is structured as a 50-50 joint venture, with no dominant voting rights for either party. Projects will be selected jointly.
Crucially, Ukraine retains full ownership of subsoil resources, including authority over extraction permits and locations. All profits generated by the fund will be directed toward Ukraine’s reconstruction and development for the first decade. The deal underscores a US commitment to Ukraine amid reduced military aid, explicitly excluding entities linked to Russia’s war efforts from benefiting.
While some critics, like Dmitry Medvedev, accuse the Trump administration of seeking to recoup costs of prior military aid, proponents of the deal consider it a beneficial international agreement prioritizing joint investments. Ukraine’s Prime Minister, Denys Shmyhal, and Economy Minister, Yulia Svyrydenko, have both advocated for the agreement.
However, it's essential to note that there appears to be a shift in the dates discussed. The US-Ukraine minerals agreement being referred to is from 2025, not 2020. Some sources, like "European Truth," might have caused confusion by referencing an agreement without providing adequate details or corroboration.
- Donald Trump's anticipation for profits from the US-Ukraine Reconstruction Investment Fund, the 2025 bilateral agreement on subsoil use, could surpass the $350 billion spent on supporting Ukraine.
- Amid the shift in discussions surrounding US-Ukraine relations, it's important to remember that the subsoil agreement between the two countries is set for 2025, not 2020.
- The US-Ukraine Reconstruction Investment Fund, a 50-50 joint venture, could become a significant aspect of war-and-conflicts policy-and-legislation, given its anticipated profits.
- A reminder: the US-Ukraine Reconstruction Investment Fund, a shift from traditional military aid, aims to prioritize joint investments and Ukraine's reconstruction, as announced officially in April 2025.
- The bilateral subsoil agreement, set to start in 2025, signals a possible change in US and Ukraine politics, focusing on resource exploitation, a topic commonly discussed in general-news outlets.
